US poultry products mixed on Tuesday; FM prices relative to SBM remain under 2023

US poultry products mixed on Tuesday; FM prices relative to SBM remain under 2023

Values were steady to higher in the US animal protein market on Tuesday October 22, with the only adjustments being seen in the poultry sector. Ruminant and porcine products were steady on Tuesday.

Several market participants were attending the North American Rendering Association (NARA) conference in California, limiting trade volumes for the week, industry sources told Fastmarkets.

One market source indicated that there were hold-ups affecting poultry by-product meal in the East and West coast regions, close to port locations, due to delays in both port and rail transport.

Fastmarkets assessed the price of feathermeal, US Carolinas, at $350-400 per short ton on Tuesday, narrowing upward from Monday’s range of $325-400 per short ton.

The corresponding assessment of the price of poultry by-product meal pet food, US Southeast, was $500-625 per short ton on Tuesday, widening upward from Monday’s range of $500-600 per short ton.

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